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Business Taxes Law Guide – Revision 2022
 

Cigarette and Tobacco Products Licensing Act Regulations

Title 18. Public Revenues
Division 2. California Department of Tax and Fee Administration — Business Taxes (State Board of Equalization — Business Taxes — See Chapters 6 and 9.9)
Chapter 9.5. Cigarette and Tobacco Products Licensing Act of 2003

Article 2. Licenses—Issuance, Transfer and Denial

Regulation 4504


Regulation 4504. Determination of Arm's Length Transaction.

Authority cited: Section 22971.2, Business and Professions Code.

Reference: Sections 22973.1, 22977.2 and 22979, Business and Professions Code.

The Special Taxes and Fees Division shall determine whether the transfer of a business was pursuant to an arm's length transaction, utilizing the criteria set forth in Regulations 4505 and 4506.

History—Adopted December 12, 2006, effective April 21, 2007.

Amended August 23, 2011, effective October 10, 2011. Replaced "Excise Taxes Division" with "Special Taxes and Fees Division".